— Advent Tool & Manufacturing, Inc. is relocating its headquarters and production operation from Illinois to Kenosha County’s Salem Business Park.
“We are proud to call Wisconsin our new home,” said Advent President Jim Hartford. “The state is an ideal location for our business, providing a stable and business-friendly environment to support our growth plans. We are excited to write Advent’s next chapter in Wisconsin and to join the impressive list of manufacturers already in the state.”
Advent engineers and manufactures high-precision tooling products sold to customers worldwide in a variety of industries from transportation to electrical, from defense to telecommunications.
The company will occupy 25,000 feet of space in a new building currently under construction in the Village of Salem Lakes’ industrial park. Advent expects to employ 23 workers at the Salem Lakes location by 2022. The company’s workforce consists primarily of machinists.
Salem Business Park is located 10 miles west of I-94. To date, 26 acres are developed or under development, leaving 40 acres for future projects. Advent is the second company from Illinois to relocate to the park, joining Vonco Products, which relocated in 2017.
“The Salem Business Park was developed with companies like Advent in mind,” said Heather Wessling Grosz, vice president of the Kenosha Area Business Alliance, which was among the lead partners in recruiting Advent to Wisconsin. “This new facility will be a showcase for customers and a safer, more productive environment for employees.”
Gov. Tony Evers in a release thanked Advent, the Wisconsin Economic Development Corp., the Milwaukee 7 and local officials for their work in making the move happen.
“This is great news for the Village of Salem Lakes and the southeast region of Wisconsin, bringing new opportunities to folks and communities in our state,” he said.
WEDC authorized up to $100,000 in state income tax credits over the next three years in support of the relocation. The actual amount of tax credits Advent will receive depends upon the number of jobs created during that period.
-By Stephanie Hoff
WisBusiness.com
